Verisk Analytics (VRSK) Tops Q1 EPS by 4c, Revenues Beat
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Go back to Verisk Analytics (VRSK) Tops Q1 EPS by 4c, Revenues Beat
May 5, 2020 4:11 PM EDT
Exhibit 99.1
Verisk Reports First-Quarter 2020 Financial Results
       Consolidated revenues were $690 million, up 10.4%, and up 5.0% on an organic constant currency (OCC) basis for the first quarter of 2020.
    Net income was $172 million, up 27.8% for the first quarter of 2020. Adjusted EBITDA, a non-GAAP measure, was $318 million, up 9.0%, and up 7.4% on an OCC basis.
    Diluted GAAP earnings per share (diluted EPS) were $1.04 for the first quarter of 2020. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.17.
    Net cash provided by operating activities was $363 million, down 1.0% for the first quarter of 2020. Free cash flow, a non-GAAP measure, was... More
